Lender
Bank warns rate hike could trigger spike in defaults
by Reporter • 5 Feb 2018
Almost half (46 per cent) of Australians have reported that they contribute more than 30 per cent of their disposable... READ MORE
Mortgage lender appoints new COO
by Reporter • 5 Feb 2018
Finsure-owned non-bank lender Better Choice Home Loans, which has been on a rapid growth path recently, first brought... READ MORE
Lenders to look at brokers ‘understating’ expenses
by Reporter • 5 Feb 2018
In November 2017, the chairman of the prudential regulator called on lenders to “devote more effort to the... READ MORE
Association hits out at bank discounting ‘fund’
by Reporter • 2 Feb 2018
Executive director of the Finance Brokers Association of Australia (FBAA), Peter White, made the comments after the... READ MORE
Former Pepper CEO joins HashChing
by Reporter • 2 Feb 2018
As the online mortgage marketplace continues its executive expansion, it has welcomed to the board Pepper’s former... READ MORE
ASIC seeks to bankrupt car lender director
by Reporter • 2 Feb 2018
In April 2017, the Federal Court fined Channic Pty Ltd (Channic), Cash Brokers Pty Ltd (Cash Brokers) and the... READ MORE
CBA-owned aggregator not dropping lenders from panel
by James Mitchell • 2 Feb 2018
The Adviser received a number of calls from eChoice brokers concerned that the Finconnect panel would be smaller than... READ MORE
Marketplace lender reveals big plans for broker channel
by James Mitchell • 1 Feb 2018
Few marketplace lenders have been able to successfully crack into the Australian broker market. Yet peer-to-peer... READ MORE
Industry body urges big banks to drop rates
by Reporter • 31 Jan 2018
FBAA executive director Peter White recently welcomed moves from non-banks to drop interest rates, but he stated that... READ MORE
CBA’s head of retail banking to become new CEO
by Reporter • 30 Jan 2018
Matt Comyn will be the new CEO of the Commonwealth Bank of Australia (CBA), effective 9 April 2018, replacing Ian... READ MORE
AMP Bank announces executive’s departure
by Reporter • 24 Jan 2018
Mr Gibson had been at the bank for eight years and was the national sales manager for third-party... READ MORE
Rising average loan size not a problem, says economist
by Reporter • 24 Jan 2018
Senior economist at the Housing Industry Association (HIA) Geordan Murray believes that despite household debt-income... READ MORE
Bank drops fixed rates by up to 75bps
by Reporter • 23 Jan 2018
Effective from Tuesday (23 January 2018), MyState is reducing its owner-occupied three-year fixed home loan rate by... READ MORE
Bank sells stake in P2P lender
by Reporter • 22 Jan 2018
While the details of the sale are confidential, the bank said that it expects the sale of its 62 per cent stake to... READ MORE
Lenders make credit policy changes
by Reporter • 22 Jan 2018
National Australia Bank (NAB) and Homeloans Ltd (in which NAB is a major shareholder) have implemented credit policy... READ MORE

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